Continuing its acquisition of independent publishing and label assets, BMG Chrysalis U.S. has purchased the catalog and masters of American dance music imprint Strictly Rhythm.
Terms of the deal were not disclosed.
Founded in 1989 by Mark Finkelstein and Gladys Pizarro, Strictly Rhythm’s titles include Reel 2 Real’s “I Like to Move It” (theme of the animated “Madagascar” franchise), Ultra Nate’s “Free” and Planet Soul’s “Set U Free.” The label has released popular club music by DJs and mixers including Todd Terry, Louie Vega, Armand Van Helden and Kenny Dope.
The Strictly Rhythm buy continues BMG’s aggressive campaign to acquire indie publishing firms; over the last two years, firm has purchased Chrysalis, Bug, Cherry Lane, Evergreen and Crosstown. Last month, BMG picked up the Virgin Music pub catalog, offloaded by Sony/ATV in its bid to score EMI Music Publishing (Daily Variety, Dec. 22).
In December, BMG also announced it was continuing to expand its label holdings with the purchase of Daniel Miller’s Mute label, which was offloaded as a regulatory proviso of Universal Music Group’s buy of the EMI labels (Daily Variety, Dec. 24).